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20110731
20110731
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
good. why do the people that rail against big government pay so little for it. rick perry is getting in this thing, but how is the country going to react to a 10 gallon sized george w bush. what about the brains it takes to be the number one world leader? you have heard this thing the other way, could this guy be all cattle and no hat. hi, i'm chris matthews. welcome to the show. with us today, howard fineman, nia-malika henderson, andrea mitchell and michael duffy. first off today, the switch boards led up this work with protests over grid look. at the polls. the most motivated republican voters are not fallen to house republican tactics. 73% of voters blame president obama, not the house republicans. and republicans think that debt cash will help them defeat the president. here is how they'll play the president's failure to win the grand bargain on the day. they'll claim the president showed weak leadership, that he was not the post-partisan compromiser, he that is still a big spender and probably most crucial, they'll tie this crisis to the jobs crisis. howard, right now there is
the impact. but i'm wondering, two of the candidates will be coming out after this big debate here in washington. does that give an advantage or a disadvantage or is it unclear based on the outcome? >> well, it's unclear based on the outcome certainly. the congresswoman and the congressman have both been very strong in their opposition. >> no compromise. right? >> that will appeal to many people in the base of the party. and i think what you've heard from some of the other candidates is somewhat more equivocal position. though john huntsman this week came out strongly for the boehner plan and said it was the only plan going and that the republicans and everybody ought to get behind it. congresswoman bachmann in particular, i think, has staked out that kind of tea party position. and she'll probably benefit from that. i think the other candidates are trying to get a piece of that, but try to go more broadly. >> i think bachmann and to a certain extent paul also risk some pleasure of backlash, or could in their don't raise the ceiling at all and their positions, playing down is a pot
, the sharpest minds, best sources, hardest talk. >>> issue one, too big to fail? >> i urge democrats and republicans in the senate to find common ground on a plan they can get support that can get support from both parties in the houses, a plan that i can sign by tuesday. >> okay, the economic stats n the second quarter of this year, april, may, june, the u.s. economy grew at a rate of that's 4/10 every 1% growth. question, are these statistics a bigger worry than the debt ceiling prevailing argument? pat buchanan? >> they're equally big worries, john. despite the fact the president had an $800 billion stimulus fed is triple the money supply, three deficits of almost $5 trillion, the economy is dead in the water this. that argues for a stimulus of a reaganite stimulus or obama stimulus, but there's who more tools in the toolbox here. on the other side you have the debt deficit problem, which $10 trillion in deficits, which argues for austerity. spending cuts, taxations, so you've got two in total conflict. the president inherited aaron economy, john, that i think the only way this th
secretary knows what happens. certainly, the big danger is that social security checks are not going to be mailed out and people will start seeing it in their pocket books. >> that's very scary to a lot of people, especially senior citizens. how likely is this? >> it's likely. i mean, the treasury is going to run out of ability to pay its bills very shortly. if not august 2nd, sometime over the coming weeks. >> patrick, washington only operates on crisis, they say. sometimes you have to increase the pressure to get a movement going. now we are talking about social security. in terms of the economy, in terms of -- it had these problems in california as well. it was is at stake here? and is this going to make it any better for the average person in the economic world in america today question the. >> and the likelihood is it will me things worse. i think there's a lot of stuff being debated about right now, but everything seems to point toward big cuts in spending over the next year. as we know, we are in a period of recession, high unemployment. during those times, it's really importa
an agreement here that i hope they will consider supporting. >> and the next big area is the debt committee, as you call it, and the question is how do they guarantee absolutely that you get the kind of deficit reduction you are looking for, because we have had, with all due respect, committees in the past and they have not done so well, one very recently, and how do you hold fair feet to the fire? there is talk of triggers to make sure if they do not do their work congress will be forced to cut. >> first of all, we have not had anything like this. this is a joint committee of congress. it's not a commission that consists of outsiders. it's a joint committee of congress with an equal number of republicans and democrats, under enormous pressure from the american people, from the markets, foreign countries looking at us to see if we're going to get our house in order, to come up with significant additional savings over and above the initial ones that we will approve before the end of this year, and entitlement reform is absolutely critical. for example, the -- the trustees of the medicare and
: we have to look at the overall big picture. there are going to be times -- you can only spend more than you make for so long and it catches up to you and that is what is happening right now the bank there going to be situations, i imagine, with the federal government has to take out loans and borrow money. but this has been going on for years and years and years. and you cannot continue to do this. if we do not get our fiscal house in order, get our credit -- that our creditors will take control and do it for us. i am not sure that we want that. host: we of gone from a trillion dollar debt to $14 trillion, but is there good debt for the government? someone argues that student loans and mortgages are good debt, and bad debt would be loans for vacations or fancy cars. guest: i do not think any debt is good. it is probably a more acceptable form of debt. but again, i say that there are probably going to be instances, but the problem is when it becomes everything that you -- when you have so much debt that it is overwhelming to everything else, when you have more debt if you can pay. a
on the foundation of businesses, big and small, providing the goods and services that the market demands. restamericans livelihood's on businesses providing jobs which are currently in short supply. the unemployment rate is hovering around 9%. poverty has increased 14% -- to 14% of americans now living in poverty, and many who are unemployed have been searching for work for more than a year. these americans need a job and the certainty that comes with going to work every day. in this environment, the business community has an opportunity and an obligation to help get americans back to work. businesses need to step up to the plate by preserving good- paying jobs and creating new ones, which means not just waiting for demand to fully recover, giving americans a chance, including the long-term unemployed. we want to make sure our tax code supports efforts to create jobs. our ultimate goal is not simply economic growth for the sake of a or profitability for business owners alone, but job creation cannot occur without this growth. we know the american businesses face obstacles in achieving gr
them to speak louder because we want help to change washington. we have a big direction where we are changing so it far and we need more help to go the other direction. this clearly shows why. because obama is still president. and he still wants tax increases, and he still wants to spend more. the speaker tried to lay out a framework that stuck to our principles, but would create jobs with new tax reform and would also lower the spending in washington. >> bret: this is what the "wall street journal" editorial page said saturday about house republicans. "a g.o.p. faction is fixated on a balanced budget amendment. after thursday's stall, the new boehner plan will only authorize the second tranche of debt if two-thirds pass it in the senate and send it to the states for ratification. this will not happen. republicans are not looking like adults to whom voters can entrust the deficit." how do you respond to that? >> why do you believe it could not happen? i believe in this country. i believe this country is worth fighting for. if 16 years ago if we had that one more vote, we wouldn't
this morning across the pond that hsbc, the big international financier is looking at laying off 10,000 workers. obviously the double dip concerns are very, very pronounced. the near-term concern at least for wall street now potential that the guys in washington can come up with a deal. it looks like they will come up with something so they might have short-term relief if they get that. longer term, it seems to be as spotty as it looks i don't know if they will be relieved that long. >> shannon: just as you were speaking, senator harry reid, majority lead ore the senate took to the floor, they are back in session he said no agreement has been reached but he is cautiously optimistic. what do you think that will do to the market if that is the closest we get to an announcement of a deal today, with the market opening up overseas tonight and opening up here tomorrow? >> we are already seeing reaction in the middle east. those markets are open today. they have sunday trading in the middle east. saudi arabia falling close to 1.5% yesterday. and they're up. aman is down but there is a separate soap o
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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